THE 2022 GRAND NATIONAL RUNNERS & ODDS
ANTE POST ODDS
Goes into this season on the back of five straight wins, including the National Hunt Challenge Cup over 3m6f at the Cheltenham Festival. Has continued his winning ways bagging another victory at Punchestown in October.
NO: | FORM: 111-12 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
Was well liked and heavily backed to do well in 2021. And so he did, finishing in 3rd place and setting himself up nicely for another run in the Grand National 2022.
NO: | FORM: 99P13- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: T. Walsh
Was entered but didn’t make the cut for the National. But at just 7-years-old will definitely be back for the 2022 Grand National, especially as he also finished 2nd in the Irish Grand National in April.
NO: | FORM: 55222- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
Ran straight into the history books when partnered with Rachael Blackmore who became the first female jockey to win the Grand National. If the duo return for the Grand National 2022, expect them to go off as the big favourites.
NO: | FORM: 1221- | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: H. De Bromhead
Winner of the Welsh Grand National in December 2021, Iwilldoit is proving to be quite the stable star for Welsh trainer Sam Thomas and could make another splash at Aintree in April.
NO: | FORM: 273-11 | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: S. Thomas
Farclas always looked like a Grand National style horse, especially on the back of his Glenfarclas run at Cheltenham. And he did get around but had to settle for fifth place. But he’s young so the Grand National 2022 will definitely be more suited to him.
NO: | FORM: 3425-U | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
Burrows Saint gave trainer Willie Mullins his first Irish Grand National win in 2019. However, he couldn’t give him his second Grand National winner since Hedgehunter in 2005, instead connections had to settle for 4th place.
NO: | FORM: 2624- | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: W. Mullins
Secret Reprieve was a convincing winner of the Coral Welsh Grand National at Chepstow in January 2021 and was entered for the National. However, with fewer horses getting withdrawn than anticipated, he narrowly missed out on a place and didn’t make the cut. Should be back for the Grand National 2022!
NO: | FORM: 2/F11- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: E Williams
Last seen racing back in December 2020 when beating Minella Times at Leopardstown, Castlebawn West is another Willie Mullins horse with a potentially bright future. If he has a good season he could be one to watch for the 2022 Grand National.
NO: | FORM: 4U/31- | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: W. Mullins
On terrific form, Snow Leopardess has already won at Bangor and Aintree in the Becher Chase this season. May head back to Cheltenham first but now proven over the Grand National fences we may see her back again in April 2022.
NO: | FORM: 246-11 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: C. Longsdon
Went off as the 2021 favourite but left connections disappointed when he failed to get around, pulling up at the 26th fence under jockey Tom Scudamore. 2022 could be better if he has a good season.
NO: | FORM: 311P-4 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: J. O’Neill
Was second in the National Hunt Challenge Cup at the Cheltenham Festival in 2021 so can definitely go the distance. However, despite being a solid hurdler, he is relatively lightly chased and needs a few more runs under his belt.
NO: | FORM: 2112- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P. Nicholls
Is turning into quite the chaser and from five starts over fences has won three and finished second in the other two. Last seen winning the Handicap Chase at Aintree so form at the course is another tick in the box.
NO: | FORM: 12121- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: K. Bailey
One for all the boxers out there, Ontheropes won the Munster National at Limerick in October 2021 and went straight into the Grand National 2022 betting markets. It was his first chase win so the National will be a big step up if he heads there.
NO: | FORM: 3P/2-1 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: W. Mullins
Won the Cork Grand National in October over 3m4f so a handy long distance chaser in the making. It was his first win and that tends to be a problem because from 13 starts across hurdles and chases, he has only won twice.
NO: | FORM: 5226-1 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
Six chase starts with three wins and three places is pretty decent especially when that includes a win in the Kim Muir at Cheltenham in 2021 and a Mare’s Chase to kick off the season.
NO: | FORM: 31213-1 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
Turning into a handy long distance chaser, Escaria Ten was third in the National Hunt Chase at Cheltenham before taking his chances in the Irish Grand National in 2021. He didn’t do as well but there wasn’t a lot of time between races so maybe he could show up for the 2022 Grand National more rested and do well.
NO: | FORM: 5123P- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: D. Foster
One for all the ‘I’m A Celebrity’ fans out there, Dingo Dollar skipped Aintree but headed for the Scottish Grand National where he finished 2nd. Will we see him for the 2022 Grand National? Time will tell.
NO: | FORM: 0P12-4 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: S. Thomson
If last season is anything to go by then Mighty Thunder will be well able for the 2022 Grand National distance. Winner of the Scottish Grand National in April, he could be one to watch on the run up to Aintree.
NO: | FORM: 116121- | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: L. Russell
Entered into the betting market when he won the Guinness Kerry National in September, his first handicap chase. At just three miles it was also his longest race so the 2022 National may be a huge test of stamina.
NO: | FORM: F5-F71 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: J. O’Brien
Short odds for a horse that has never run in a chase beyond 2m6f, never won one and last time out placed 10th from 11 runners. Will need to have an amazing season to boost his chances.
NO: | FORM: 2/F31-0 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: M. Morris
Won the Ladbrokes Trophy Chase at Newbury in November and went straight into the Grand National 2022 betting market as a result. Significantly improves his chances of making the cut in April.
NO: | FORM: 0U2P-1 | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: V. Williams
Discorama put in a good run in the Grand National and finished seventh though he did run out of steam towards the end. Another season and a few more runs may help build his stamina for the 2022 Grand National.
NO: | FORM: 3/257-5 | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P. Nolan
Gold Cup runner-up in 2020, Santini made his second bid for the title in 2021 but was pulled-up. As he’ll be ten years old by the time the 2022 Grand National rolls around, there’s every chance we could see him take to the Aintree fences.
NO: | FORM: /253P- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: N. Henderson
If this two-time Gold Cup winner even gets an entry into the Grand National 2022, it will be a massive shock. I doubt this chaser will ever get a National run.
NO: | FORM: 11/13-2 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: W. Mullins
Was asked to carry a hefty 11-07 for the National in April and was running well before a mistake saw him unseat his jockey at fence 26. Stil has plenty of time and could contend for the 2022 Grand National.
NO: | FORM: 25PU- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: H. De Bromhead
Young and was a novice chaser for Paul Nicholls last season before stepping up and heading to Sandown for the Gold Cup Chase where he finished 3rd. A great chaser in the making.
NO: | FORM: 21P13- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P. Nicholls
Was recently moved from trainer Mick Channon to Donald McCain after new change of owner. Has primarily run at Cheltenham, racing there nine times and has never been to Aintree but if anybody knows what it takes to train a Grand National winner, it’s Donald McCain.
NO: | FORM: 3/660-2 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: D. McCain
A really interesting prospect and one that has already won the Midlands Grand National (March 2021) so well able for the longer distances. Will also be very popular with parents who have said ‘time to get up’ a million times to their kids!
NO: | FORM: 3411-0 | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: J. O’Neill
A very experienced horse that ran in last season’s Grand National. He unseated jockey Bryony Frost then but started back this season with a solid win at Cheltenham in November so another run over the Aintree fences could be in the works.
NO: | FORM: 314U-1 | AGE: 11 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P. Nicholls
Certainly has a bright future but this novice chaser is only 6-years-old and highly unlikely that he will get a shot at Aintree in 2022. More likely to go to Cheltenham again.
NO: | FORM: 223P-F | AGE: 6 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: C. Tizzard
The longest-priced winner in Irish National history, Freewheelin Dylan shocked everybody when he romped home at 150/1 in 2021. Since that win his trainer has been very keen to get him on the path to Aintree for the 2022 Grand National.
NO: | FORM: 981-46 | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: D. McLoughlin
Owned by JP McManus, Champ was named after legendary jockey AP McCoy and won the RSA Chase at Cheltenham in 2020 before taking his chances in the Gold Cup in 2021. However, he pulled up but may still go for another shot at it again in 2022.
NO: | FORM: F1/2P- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: N. Henderson
Has headed to the Cheltenham Festival for four consecutive years and despite coming close has never won a major race there. In fact, his last win was in November 2019 in the Betfair Chase at Haydock.
NO: | FORM: 3P5P- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: C. Tizzard
Bookies gave this chaser no chance and he went off on odds of 100/1 in April. Despite that he kept up with stable mate Minella Times and finished a worthy runner-up, giving all his each-way backers something to cheer about.
NO: | FORM: 64U2-0 | AGE: 10 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: H. De Bromhead
The King George winner and Gold Cup runner has been a stalwart for jockey Bryony Frost with the pair making history over the years. With nearly a million in earnings, it would be fantastic to see Frodon run in the 2022 Grand National though the distance may be a stumbling block.
NO: | FORM: 14151- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P Nicholls
Won the Bet365 Gold Cup at Sandown in April over 3m5f so definitely has stamina to go the distance. Is usually on good form but the trainer is known for not liking the Grand National so may not even enter him.
NO: | FORM: 22U1-P | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: A. King
A very speculative entry into the betting market as Stones and Roses hasn’t for an Official Rating that would make the cut for the 2022 Grand National. However, if he has a good prep season and wins a few races it may increase enough to see him sneak in.
NO: | FORM: 0P/71- | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: W. Mullins
Ran a blinder at Newcastle to win the Eider Chase in February giving his rating a decent boost. however, he headed to the Scottish National in April and unseated his rider. But can definitely go the distance when on form.
NO: | FORM: 51U1U- | AGE: 9 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: B. Ellison
Enfant Roi moved to Sophie Leech’s yard in November 2020 but has still continued to do all of its racing in France. With no experience beyond 2m7f and despite it’s relatively good and consistent form, the 2022 Grand National would be a huge if impossible task.
NO: | FORM: 1241-2 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: S. Leech
Went straight into the betting markets after winning the Grand Sefton Handicap Chase at Aintree on November 6th. However, despite being run over the Grand National fences, this race is only 2m5f so a lot shorter. A good indication but not a guarantee that he could go for more than 4 miles!
NO: | FORM: P12-41 | AGE: 8 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: P. Bowen
Despite winning the National Hunt Chase at Cheltenham in 2020, Ravenhill hasn’t performed since. Is consistently well beaten, finishing near to last place including last time out at Down Royal when beaten by Frodon by more than 36L in October.
NO: | FORM: U683-5 | AGE: 11 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: G. Elliott
A syndicate horse, it would be great if Captain Tom Cat headed to Aintree but he will only be seven-years-old when the Grand Natioanl 2022 rolls around which is very young and historically doesn’t bode well. May wait another year.
NO: | FORM: 1241-2 | AGE: 7 | WEIGHT: UNKNOWN | JOCKEY: UNKNOWN | TRAINER: S. Leech
NEW CUSTOMER OFFER
New customers only. Place your FIRST bet on any Horse Racing market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply. 18+ begambleaware.org. #ad. Please bet responsibly.
We give each horse a rating based on how closely it matches the past trends and statistics of previous winners
Unlikely to mount a serious challenge.
Could place with a slice of luck.
A strong eachway chance and could even win it.
Odds listed on this page are antepost and taken from Paddy Power on 30/12/21. Check the odds with your Bookmaker before placing a bet as fluctuations can occur. Full Terms and Conditions for the promotional bet offers can be found on the respective websites – please read them before signing up.
Every year a maximum of 40 runners line up at the start of the Aintree Grand National and 600 million people worldwide tune in to watch them tackle the 30 notoriously difficult fences in a bid to put themselves into the history books. But how do those particular runners and riders make it to Grand National day?
A horse will be entered into the Grand National 2022 if it meets the minimum criteria for qualification and the owner and trainer feel that their horse is capable of handling the race. Not all horses are suited to the long Aintree course or have the necessary jumping ability. Even if a horse gets entered that doesn’t guarantee a place at the starting line as frequently over 100 get entered but there is a maximum field of just 40 for the race.
The race is open to horses aged seven and upwards that have been placed first, second, third or fourth in a chase of three miles or more and who are allotted a rating of at least 125 by the BHA Handicapper.
The entry date for the race is always at the end of January, with the names and numbers announced by the BHA (British Horseracing Authority) the following day.
The BHA Head Of Handicapping then takes the list of entries and frames the weights. In other words, he decides which runners will carry the heaviest weights and which will carry the least. The handicap system is designed to give every horse a fair chance of winning the race, good horses will carry more weight than those perceived to have less ability.
The maximum weight any horse can carry in the Grand National will be 11st 10lbs and the minimum is 10st. Each runner’s weight will be largely determined by their OR (Official Rating) and the higher the rating, the higher the weight. Although the Grand National is the only race in Britain in which the Handicapper can ignoring the official ratings if he wishes, often to the consternation of owners and trainers.
Horses are then put in descending order from the highest to the lowest weighted and that also determines their race number. The top-weighted horse is number one, second heaviest weighted horse is number two, and so on.
The weights are then announced, and from then on a series of ‘Declaration Stages’ or ‘Forfeit Stages’ take place. At each of these stages, potential Grand National Runners can be withdrawn from the proceedings by their trainers and as they are removed and the entries get whittled down so even horses that have not initially made the Top 40 may now do so as entries above them are taken out. In 2021 there were three top weighted runners. However, Easysland and Tiger Roll were withdrawn, leaving Bristol De Mai as the only top weight in the race.
The very last declaration stage takes place at 10am on the Thursday immediately before Grand National day. This is the point where the top 40 Grand National runners will be near completion along with four additional reserves.
The following day, Friday, by 1pm any non-runners must be declared and be replaced by one of the four reserves. This is also the point where any horses who were previously allocated weights of less than 10st will have their weight increased to meet requirements.
Three runners were withdrawn at this stage in 2018 and replaced with reserves. However, on the morning of the National two more were taken out due to the heavy ground. This resulted in 38 declared Grand National runners who lined up.
Unfortunately in 2020, the race was cancelled and did not go ahead. In 2021, no runners were withdrawn at the very final stage and 40 runners ran.
There has to be a Top Weight for the Grand National and that runner will always carry 11st 10lbs. For 2021 there were THREE horses that were all allocated top weight. They were Bristol de Mai, Easysland and Santini.
The BHA Handicapper has worked off a mark of 167 and it’s no surprise that these three potential runners had been rated so highly. This is Bristol De Mai‘s fourth consecutive Grand National entry. He was entered in 2018 and allocated 11-09 in weight but connections opted to run him in the Aintree Bowl instead.
The same story was repeated in 2019 when he was given top weight for the National but again, ran in the Bowl Chase instead. He was entered in 2020 but that race didn’t happen so here we are again in 2021. Will he finally run in the Grand National?
It looks much more likely this year especially as he was withdrawn from Gold Cup contention. Even his usual jockey, Daryl Jacob, has hinted that the plan is to go to the National.
Easysland was another huge prospect for the Grand National 2021. The horse that romped home in the Glenfarclas Chase in 2020, leaving Tiger Roll in his dust, was always going to be touted for this race.
Trained in France, Easysland was at a slight disadvantage in that he is only seven years old and horses that young have quite a poor track record in the National. The last one to win it was Bogskar in 1940. So top weight and age may have proved tricky to overcome.
As such, trainer David Cottin withdrew him from contention at the second declaration stage. He will not run in the Grand National 2021.
Santini is a terrific chaser and best known for his 2020 Gold Cup run when he lost by a neck to Al Boum Photo. In all, he has won or placed in eight of his ten chase starts.
The nine-year-old has notched up notable runs in the Cotswold Chase at Cheltenham and was second in the Many Clouds Chase at Aintree in December.
So while the prospect of him running the Grand National is very exciting, it is still not confirmed.
Connections opted for a run in the Cheltenham Gold Cup but it didn’t end as hoped when he blundered early on. That saw him drop to the rear of the field before he was pulled up about halfway through the race.
So with two top weights still in contention, it’s unlikely that there will be a major overhaul in the weights.
Then again Bristol De Mai could go for the Aintree Bowl and Santini could end his season early…anything can happen in the Grand National!
With a great record, on excellent form, and with a very enviable weight, it is no surprise that Cloth Cap from trainer Jonjo O’Neill is the 2021 Grand National favourite.
So how exactly did Cloth Cap manage to become the bookmaker’s favourite for this year’s race? He entered his first Novice Handicap Chase in October 2018 and finished a respectable third. A month later and he had won his first chase, a Class 4 race at Stratford.
Three weeks later and he was back for another win, this time in a Class 3 at Catterick. Clearly the signs were good and after a short break Cloth Cap headed to Ayr for the Scottish National in April 2019. Run over four miles, he finished in third place and from then on sights were firmly set on Aintree.
With the dawn of the 2019/20 National Hunt season, he took his chances at a few racecourses, running well and slowly growing his Official Rating. He was entered into the 2020 Grand National and then headed to Cheltenham for the Kim Muir Challenge Cup as part of his prep for Aintree.
Another clear round of jumping landed him in 8th place. However, it was then decided that the 2020 National would be cancelled so the season abruptly ended and Cloth Cap’s plans were put on the back burner.
With the aim of Aintree still first and foremost in the mind of connections, Cloth Cap started back this season with a run at Cheltenham placing third behind the winner Frodon and second-place West Approach.
And then everything clicked into place for the nine-year-old. Winning the Ladbrokes Trophy Chase at Newbury boosted not only his credentials but his OR to a respectable 148, high enough to qualify for the 2021 Grand National. It also earned connections a huge £114K for their efforts.
Another Grand National entry was on the cards and soon Cloth Cap, on the back of the Newbury win, became one of the Grand National favourites in the betting markets.
He still had some competition but once the weights came out and he was handed 10-05, and Tiger Roll was withdrawn, he was on a par with Burrows Saint from Willie Mullins, both on general odds of 14/1.
Then Kelso beckoned. On March 6th 2021 he took to the 2m7f course with gusto and romped home by an incredible 7 lengths to take the race with ease. In the time it took him to get to the winner’s enclosure, bookies scrambled to slash his odds to as a little as 6/1.
Owned by Trevor Hemmings, if Cloth Cap can win the 2021 Grand National it will be the owner’s fourth win in the race. Hedgehunter (2005), Ballbriggs (2011) and Many Clouds (2015) have all won the race for Hemmings and Cloth Cap might just do it again.
If so, it will be Jonjo O’Neill’s second win in the race as a trainer after Don’t Push It in 2010. Tom Scudamore will undoubtedly be his jockey as he hopes to keep the family legacy alive and emulate his own grandfather’s achievements – Michael Scudamore won on Oxo in 1959.
Cloth Cap went off as the 2021 Grand National favourite however, he couldn’t go the full distance and was pulled up at fence 28.
The criteria for professional or amateur jockeys wanting to take part in the race are very specific. They must have ridden not less than 15 winners in chases or hurdle races under the Rules of Racing and/or the Rules of the Irish National Hunt Committee and ridden not less than 10 of these winners in chases.
A champion jockey like A.P. McCoy who primarily rode horses for super owner J.P. McManus had his pick of horses in the race before he retired. Top jockey Barry Geraghty took over as the retained rider for McManus but announced his retirement in July 2020. Since then Mark Walsh has been named as the retained rider for the McManus horses in Ireland.
The likes of Davy Russell and Richard Johnson are other top jockeys who can often choose their rides and odds will tumble on any horses chosen by the pair.
Amateur jockeys are now a rarity in the Grand National compared with races early days. Sam Waley-Cohen is probably the most famous amateur rider in recent years and he enjoys a record over the Aintree fences which is the envy of many a professional.
Other jockeys will usually ride for the yards that retain them or a trainer will engage their services just for this race. In recent years a number of high profile jockeys have missed the race due to injuries picked up at the Cheltenham festival which is the last major National Hunt meeting before Aintree.
In 2018, Ruby Walsh suffered a leg fracture and Leighton Aspell suffered a neck injury that put them out of contention for the Grand National. Bryony Frost experienced the same fate in 2019 when an injury at Cheltenham ruled her out of the National.
Don’t be put off backing a less well-known jockey or even one who has never ridden the course before. In 2013 jockey Ryan Mania won the race at his first attempt. And David Mullins did the same thing on Rule The World in 2016!
In 2018 we saw a number of jockeys making their debut. They included James Bowen, Bryony Frost, Sam Coltherd, and Rachael Blackmore. Bryony Frost was the best finisher, getting Milansbar to fifth place.
In the Grand National 2019, Lizzie Kelly made her debut on Tea For Two.
By the end of the Grand National 2021, history had been made. Rachael Blackmore and Minella Times ran the perfect race, making Blackmore the first female jockey to ever win the Grand National.
What Are The Odds?
The odds quoted on any horse in the Grand National represent your potential returns if that horse should win. If a horse is quoted as 10/1 then the 10 figure is the amount you’ll get back from the bookie for a 1 unit stake. In other words, bet £1 and you’ll win £10 back. You’ll also get back the original £1 stake, making a total return of £11.
Who Decides The Odds?
The simple answer is the bookmakers. Initially, bookies will offer odds on all the horses running in the National and the bookmaker is aiming to show a profit on the race regardless of the outcome. In many ways the bookmaker doesn’t care who wins, because if he can get the maths right, he will always come out on top. Although this doesn’t always happen over one race.
In a perfect world the spread of bets on the race would guarantee the bookie a nice profit whoever wins. However, if punters keep placing bets on one horse, let us call this horse ‘Plucky Pete’, at a level disproportionate to other runners then the bookie has built up a potential liability. If ‘Plucky Pete’ wins the race the bookie will lose a fortune and they really don’t like losing! To stop this happening the bookmaker has a couple of options. They can offer bigger odds on other runners and simultaneously shorten the odds on ‘Plucky Pete’ in the hope of attracting bets away from the horse with the big liability and onto other runners. This is why you see the odds fluctuating right up until the off.
So the bookmaker sets the odds initially but the volume of money place on any runner will move the odds right up until the race starts.
What’s An Each Way Bet
The ‘Each Way’ bet works like this… Instead of betting on a horse to come 1st you can make a bet that your horse can finish 1st, 2nd, 3rd and 4th (some bookmakers payout 5th & 6th places) The each way bet is really two bets in one, a £5 each way bet will cost you £10. You’re betting £5 that a horse wins and £5 that he will finish in one of the places.
Sounds like a good deal? And for the Grand National, it can make sense to back a horse each way over a straight win bet, but remember bookies aren’t registered charities. So to compensate for your increased chances of winning they reduce the quoted odds on the place part of the bet. If a horse comes home 1st you’ll still get the full quoted odds. However, should he only place, you’ll only get a quarter of the quoted odds (some bookmaker pay less than a quarter odds).
NEW CUSTOMER OFFER
New customers only. Place your FIRST bet on any Horse Racing market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply. 18+ begambleaware.org. #ad. Please bet responsibly.